Seaview Investment Managers LLC purchased a new stake in ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,257 shares of the semiconductor company's stock, valued at approximately $10,574,000. ASML makes up about 2.9% of Seaview Investment Managers LLC's portfolio, making the stock its 12th biggest holding.
A number of other hedge funds have also added to or reduced their stakes in ASML. Edgewood Management LLC lifted its position in shares of ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares in the last quarter. Amundi increased its stake in ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after buying an additional 328,552 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after buying an additional 281,156 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of ASML in the 4th quarter worth approximately $175,257,000. Finally, Fisher Funds Management LTD bought a new position in shares of ASML in the fourth quarter valued at approximately $137,386,000. Institutional investors and hedge funds own 26.07% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts recently commented on ASML shares. Wells Fargo & Company dropped their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.
View Our Latest Stock Report on ASML
ASML Stock Performance
Shares of NASDAQ:ASML traded up $13.40 during trading on Thursday, hitting $671.38. 930,066 shares of the company were exchanged, compared to its average volume of 1,631,169. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a market cap of $264.13 billion, a PE ratio of 32.26, a P/E/G ratio of 1.62 and a beta of 1.67. The stock has a 50 day moving average of $690.25 and a 200 day moving average of $709.50.
ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, equities research analysts predict that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a $1.5855 dividend. The ex-dividend date is Monday, April 28th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio is currently 27.48%.
ASML Company Profile
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Free Report)
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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